General Area in Kensington>Question Details

wildtruffles, Home Buyer in Mooresville, NC

We r empty nesters about to list home in Kensington. How will proposed school affect traffic on Kens Pkwy?Concerned home value won't

Asked by wildtruffles, Mooresville, NC Tue May 1, 2012

hold.?Thoughts?

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3
Ellen Levy’s answer
It is quite possible that Parks and Planning had to do a traffic impact study for the Department of Education. Such a study could be a part of the Master Plan for Montgomery County, which can be viewed at the Maryland-National Capital Parks and Planning commission on Georgia Avenue and Spring Street in Silver Spring. Their web site is found below. It is best in this important area of concern for you that you get the best information available. Their staff is informed, professional, and accomodating.

It is good that you are selling now. The problem, if there is one, will not affect you. Other actions you could take could enhance your home's value now.
Web Reference: http://www.mncppc.org
0 votes Thank Flag Link Tue May 1, 2012
Hi Briana, a new school is not necessarily a bad thing. Many schools are built as "green schools" and equipped with top-notch technology. Thus, it can actually be a draw.

However, it is my understanding that the site selection is the problem in Kensington, pretty much eliminating Rock Creek Hills if the new middle school is build there. Although the Board of Education approved the site, it is facing stiff opposition ...

With a targeted opening in 2017 it is too soon to tell in my opinion what impact it will have and it might not effect your current selling plans at all at this point unless you are across the street or neighboring the proposed site. A Realtor familiar with the area and the plans would certainly make his/her buyer aware of it.

One can look at the glass half full or half empty - if plans move forward and the school is under construction, a savvy Realtor would choose to highlight the benefits in all marketing.
0 votes Thank Flag Link Tue May 1, 2012
Hi Briana,

This would likely be a concern for a buyer. However, Kensington is a great area with very good buyer demand. If your home is priced right for the current market, you should do just fine. I doubt that buyers would discount your home's value significantly.

Hope that helps. You can see basic stats for Kensington inventory at this link:
http://mocorealestate.com/kensington/

Good luck.
0 votes Thank Flag Link Tue May 1, 2012
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